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why couldn't bill clinton run and be president for the next 30 years? >> we have it for good reasons. it's a hard job being president. you also have a vast array of people working for you. it worked, i think, well. i think we did the right thing to keep president roosevelt for a third term. when he died shortly after being elected to a fourth term and people didn't really know a full measure of his health challenges, the 22nd amendment passed. it's ironic at a time people thought the democrats had a lot in the white house. then it was, then after the last 50 years, the republicans had it more than the democrats. but, i think there's still an argument for saying that eight years, certainly eight years in a row is enough. you don't want this -- you don't want to run the risk of sclerosis in a democratic society. you don't want to give the idea that any country, particularly this one as big and diverse is dependent on any one person. look at the dictators that have been deposed in the last few years and the few hanging on. almost all of them were young and
why couldn't bill clinton run and be president for the next 30 years? >> we have it for good reasons. it's a hard job being president. you also have a vast array of people working for you. it worked, i think, well. i think we did the right thing to keep president roosevelt for a third term. when he died shortly after being elected to a fourth term and people didn't really know a full measure of his health challenges, the 22nd amendment passed. it's ironic at a time people thought the...
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next week. likewise, a study by mckenzie and company said 30% are anticipating dropping them from coverage. for those reasons, for the tax, for medicare, for this board, and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said do not do this. and the republicans had a plan. they put a plan, a bipartisan plan. it was swept aside. i think something this big, this important, has to be done on a bipartisan basis. we have to have a president that can reach across the aisle and fashion legislation with input from both parties. >> governor romney said this has to be done with a bipartisan basis. this was a bipartisan idea, in fact, a republican idea. governor romney at the beginning of this debate wrote and said, what we did in massachusetts could be a model for the nation. and i agree that the democratic legislators in massachusetts might have given some advice to republicans in congress about how to cooperate. but the fact of the matter i
next week. likewise, a study by mckenzie and company said 30% are anticipating dropping them from coverage. for those reasons, for the tax, for medicare, for this board, and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said do not do this. and the republicans had a plan. they put a plan, a bipartisan plan. it was swept aside. i think something this big, this important, has to be done on a bipartisan basis. we have to have a...
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you then have barack obama the next night and i just didn't think it was nearly as good. i thought that was a bit of a problem even though the clinton effect can help him, the barack obama now has not got that sort of messianic feel he had four years ago. he's got to really raise his game in these debates. >> the great thing about this debate is that it gives him the chance to directly confront mitt romney on what his plans are. mitt romney has been talking generally about how he's going to save the country from the economic mess that the president has led us into. well, the reality is the stock market is booming, we've seen the jobs numbers turn around, the numbers today saying that there's net job creation takes away a big talking point and what is mitt romney going to do specifically, how is his tax plan going to be structured? he hasn't answered those. what deductions is he going to take away because failure to answer allows for there to be an argument that he's going to raise taxes on the middle class to pay for tax cuts for the wealthy. so i think the president has
you then have barack obama the next night and i just didn't think it was nearly as good. i thought that was a bit of a problem even though the clinton effect can help him, the barack obama now has not got that sort of messianic feel he had four years ago. he's got to really raise his game in these debates. >> the great thing about this debate is that it gives him the chance to directly confront mitt romney on what his plans are. mitt romney has been talking generally about how he's going...
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plus, president obama gets a boost in the polls. the romney camp plays down expectations for next week's debate. some predictions. welcome to "the willis report."
plus, president obama gets a boost in the polls. the romney camp plays down expectations for next week's debate. some predictions. welcome to "the willis report."
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. >> it is time for what do i need to know for next week. tracy? >> promises, promises. president obama said our insurance premiums were going to go down $2500 by the end of his first term? up $2400. >> all righty. todd? >> sam adams oktoberfest hits the stores today. a big winner. stocks up 20% by thanksgiving. >> you had to get the beer in there. jim? >> i think the iphone 5, one of the best ancillary plays on that is sprint. you could see a 25% increase in sprint through the iphone by christmas. >> without the maps would be nice. jonathan? >> israel is a first world in a sea of tribalism and destruction. eis rows as netanyahu spoke at the u.n. i'm looking at it long term for my fund. >> neil cavuto will kick off his special coverage at the presidential debates live at denver beginning 4:00 p.m. eastern time on fox news, then at 8:00 on the fox business network. for neil, it's about red and green. come on. with these debates, we are on it. >> wall street banks have recovered from the meltdown four years ago but the woman who ran fdic says we are still at risk of anothe
. >> it is time for what do i need to know for next week. tracy? >> promises, promises. president obama said our insurance premiums were going to go down $2500 by the end of his first term? up $2400. >> all righty. todd? >> sam adams oktoberfest hits the stores today. a big winner. stocks up 20% by thanksgiving. >> you had to get the beer in there. jim? >> i think the iphone 5, one of the best ancillary plays on that is sprint. you could see a 25% increase in...
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up next, president obama dumped expectations ahead of the first presidential debate. some humilit from president obama. really, really? the "a-team" will assess all of that and much more. we are joined. there they are. here they come. we're coming right back. ...seems like you guys got a little gassed out there. enough already. c'mon guys. next question. hello! what's your favorite color? what's my favorite color? yes. purple. what's your favorite animal? sea turtle. what's your bedtime? do you believe in space aliens? ...i love puppies. hash browns or home fries? home fries. do you like my dress? why can't you guys ask good questions like this? [ morgan ] for a chance to interew an nfl player... join visa nfl fan offers and make your season epic. lou: joining me now, the "a-team". it to have you all here. let's start with, first of all, these polls are very tight suddenly. obviously president obama still enjoying fairly strong leads in the numbers. naturally this thing is tight. are you surprised? >> of all. now that we have kids back in school, people are finally pa
up next, president obama dumped expectations ahead of the first presidential debate. some humilit from president obama. really, really? the "a-team" will assess all of that and much more. we are joined. there they are. here they come. we're coming right back. ...seems like you guys got a little gassed out there. enough already. c'mon guys. next question. hello! what's your favorite color? what's my favorite color? yes. purple. what's your favorite animal? sea turtle. what's your...
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focus on next four years and what four more years of obama policy would look like and lay out romney alternative. and i think he needs to go right at obama. my main advice would be ignore the moderator. sort of like juan does with you. when one argues with me and ignores all your questions around all that. he has to take do not get -- do not answer jim lehrer. go after president obama and speak to him in the second person and say you have failed unfortunately and here is what we can do differently and make it a sharp contrast. >> chris: interestingly enough, liz, when i talked to congressman ryan about the fact that romney needs a clear victory because of the state of the polls he pushed back against that. does he need a clear victory? >> he does. i think there is universal consensus that he has to do something to shake up the trajectory of the race and a safe performance probably isn't going to be enough at this point. having said that i think it might not be that hard for romney to get a win in the first debate. challengers get the win. >> chris: just by the fact that they are on t
focus on next four years and what four more years of obama policy would look like and lay out romney alternative. and i think he needs to go right at obama. my main advice would be ignore the moderator. sort of like juan does with you. when one argues with me and ignores all your questions around all that. he has to take do not get -- do not answer jim lehrer. go after president obama and speak to him in the second person and say you have failed unfortunately and here is what we can do...
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details on the new forum next. ♪ gerri: well, the obama campaign today pulling out all the stops as they head back and mitt romney following the president's disastrous showing at the denver debate this week. the new messages this to mitt romney is a liar. but will voters by it? joining me now populous a prize-winning columnist for the new york post and fox is contributor michael goodwin. great to see you, as always. i want to start, though -- will get to the lying in a minute, but mitt was apologizing last night about the off -- the 47% comment. here is what he said. >> in a campaign with hundreds, if not thousands beaches and question-answer sessions, now and then you are going to say something that doesn't come out right. i absolutely believe, however, that my life has shown that i care about 100 percent. and that has been demonstrated throughout my life. this whole campaign is about the 100 percent. gerri: is it over for him? is this problem behind him? >> i think the president recognizes it was a failure on obama's part to bring this up because it was something that happened fairly r
details on the new forum next. ♪ gerri: well, the obama campaign today pulling out all the stops as they head back and mitt romney following the president's disastrous showing at the denver debate this week. the new messages this to mitt romney is a liar. but will voters by it? joining me now populous a prize-winning columnist for the new york post and fox is contributor michael goodwin. great to see you, as always. i want to start, though -- will get to the lying in a minute, but mitt was...
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up next, how president obama up next, how president obama turned him into a republican. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. ♪ lou: the
up next, how president obama up next, how president obama turned him into a republican. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. ♪ lou: the
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up next, why a number of brazilian candidates are going to if vote for a kpaenlt named barack obama. i'm explain. [ male announcer ] it started long ago. it's called passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. so does aarp, serving americans 50 and over for generations. so it's no surprise millions have chosen an aarp dicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps cover some of what medicare doesn't pay. to find out more, call today. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's he
up next, why a number of brazilian candidates are going to if vote for a kpaenlt named barack obama. i'm explain. [ male announcer ] it started long ago. it's called passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. so does aarp, serving americans 50 and over for generations. so it's no surprise millions have chosen an aarp dicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized...
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>> i think they're planning on doing a better job next time. and in terms of chris christie was saying this could change the entire narrative, that's an overstatement. one debate is not going to change the entire narrative. it keeps the race going. i think that a lot of people going in thought that romney was sort of on the ropes and a lot of obama supporters wanted a knockout punch and they didn't get it. but the next debate is a town hall format, which is going to i think, be good for the president and he's somebody who has some sort of psychological issue where he has to always be behind. so did he this with hillary and mccain of the he always has to be behind. i would expect he'll come back the next time probably a lot stronger. >> bret: dr. charles krauthammer, any comments? >> i'm still licensed, but i don't practice on the air. i play a physician on the air. he may or may not have the psychological problems, but he does do well when he's behind. so i'll take a pass on that. >> bret: we'll move on. battle ground states, campaign strategy
>> i think they're planning on doing a better job next time. and in terms of chris christie was saying this could change the entire narrative, that's an overstatement. one debate is not going to change the entire narrative. it keeps the race going. i think that a lot of people going in thought that romney was sort of on the ropes and a lot of obama supporters wanted a knockout punch and they didn't get it. but the next debate is a town hall format, which is going to i think, be good for...
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melissa: so here's the question of the day, will president obama get a bump in the polls next week because of today's jobs report? we want to hear what you think. like us on facebook at facebook.com/melissafrancisfox or follow me on twitter at melissaafrancis. >>> frustration over a fracking rules has a bipartisan group of senators fighting back. north dakota senator john hoeven is here exclusively to explain. >>> plus the national hockey league canceled 84 games on a fight how to split up $3 billion in revenue? how much do they stand to lose? the at end of the day, it is always about money. ♪ . melissa: what the frack? that is what members of the u.s. senate committee on environmental public works must be thinking. a group of them are venting frustrations to the environmental protection agency for increasing regulation of hydraulic fracking. so how are the epa's fracking guidelines stifling the industry? with me in a fox business exclusive, senator john hoeven from north dakota. thank you so much for joining us. i took some time to look through these rules and they seem like they mostly
melissa: so here's the question of the day, will president obama get a bump in the polls next week because of today's jobs report? we want to hear what you think. like us on facebook at facebook.com/melissafrancisfox or follow me on twitter at melissaafrancis. >>> frustration over a fracking rules has a bipartisan group of senators fighting back. north dakota senator john hoeven is here exclusively to explain. >>> plus the national hockey league canceled 84 games on a fight...
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gerri: an explosive video of obama making waves. best-selling author breaks it down for us next. gerri: looming over the debate. the two dozen seven controversial video of then president to candidate obama implying racism played a part in the reconstruction efforts in new orleans in post katrina. joining me now, ann coulter. welcome. it's great to have you here. i can't think of a better date. we will get to racial demagoguery. i want to start with this debate and what you are expecting. >> i am expecting the reaction of most people is going to be that was really boring. anticipating this. everyone is so excited. we are two professional politicians. >> , nothing at all. let's talk about this video. it is controversial video release last night. obama speaking as a candidate five years ago to a room full of black ministers. here's what he had to say. >> what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me that somehow the people down in norman's don't care about as much. gerri: so the candidates saying the federa
gerri: an explosive video of obama making waves. best-selling author breaks it down for us next. gerri: looming over the debate. the two dozen seven controversial video of then president to candidate obama implying racism played a part in the reconstruction efforts in new orleans in post katrina. joining me now, ann coulter. welcome. it's great to have you here. i can't think of a better date. we will get to racial demagoguery. i want to start with this debate and what you are expecting....
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campaign coming up who is a pollster for the obama campaign coming up in the next segment, who basically argues that in trying to reach out to, you know, the small number of undecided voters, to soccer mom s somewhere, had he been too negative, had he gone on the attack and called mitt romney a liar, that would have turned them off. do you buy that, david? >> no, i don't buy that. why would they be out making the arguments they're making today because they think they're effective today, why didn't they make them last night. i think gloria is exactly right. this is -- obama has had a very good campaign. he's got a very good team supporting him. but there is a tendency here for the president to sit on his lead. i think we saw that at the democratic convention. you know, the clinton speech was the highlight of that convention, not the obama speech. and here he came into this, i think he sat on his lead last night and what you learn in this game is the other guy and by the way, i disagree with gloria on one thing. i think this was a new mitt romney we saw last night. one we haven't seen befo
campaign coming up who is a pollster for the obama campaign coming up in the next segment, who basically argues that in trying to reach out to, you know, the small number of undecided voters, to soccer mom s somewhere, had he been too negative, had he gone on the attack and called mitt romney a liar, that would have turned them off. do you buy that, david? >> no, i don't buy that. why would they be out making the arguments they're making today because they think they're effective today,...
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wait until monday, and that is when we will really see how much impact this debate will have on the next couple of weeks. neil: see where that money goes. meanwhile, the guy who brought you this. >> the feeling those people did when they hear a barack obama's beach. i don't have that. seriously. a dramatic event. neil: already. take a look. is the last stop kicking president obama in addition. >> he was in during the debate rather than fighting it. what was he doing tonight? he went in there disarmed. in hour-and-a-half in a thicket through this thing. neil: he was not the only one feeling left out. it seemed like all the liberal media, last night was mitt romney's night. one of the governor's biggest supporters predicted this. a performance even the mainstream media cannot tonight. now they are picking it apart. i was watching a couple of your appearances. i am a huge fan. and now they are saying, it was jim lehrer who did such horrible job. he let the governor run away with it. on and on and on. >> the tyndale is back in the leg. that is the most sickening expression. >> this morning a
wait until monday, and that is when we will really see how much impact this debate will have on the next couple of weeks. neil: see where that money goes. meanwhile, the guy who brought you this. >> the feeling those people did when they hear a barack obama's beach. i don't have that. seriously. a dramatic event. neil: already. take a look. is the last stop kicking president obama in addition. >> he was in during the debate rather than fighting it. what was he doing tonight? he went...
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romney better be prepared because obama is going to come back in the next debate in two weeks. martha: they complained about them making him do his homework a couple of days ago, no doubt he's going to do his homework in the next two weeks. bill: chris christie predicted thursday morning would have the race in an entirely different frame. arguably he was right. martha: everybody gave him a hard time but he was right. bill: marco rubio was in prim time, the senator from florida, saying it's a new race, explaining why he thought the president looked off of his game. >> this president, you could see it in the body long he was so uncomfortable talk being about the economy, debt, taxes, because he doesn't understand the stuff. i think for the first time tonight it was revealed he doesn't understand how jobs are really created. martha: the obama camp coming out in the president's defense of course saying americans don't have any better idea after last night's debate about where governor romney would take this country. here is stephanie cutter. >> the problems on this campaign is not
romney better be prepared because obama is going to come back in the next debate in two weeks. martha: they complained about them making him do his homework a couple of days ago, no doubt he's going to do his homework in the next two weeks. bill: chris christie predicted thursday morning would have the race in an entirely different frame. arguably he was right. martha: everybody gave him a hard time but he was right. bill: marco rubio was in prim time, the senator from florida, saying it's a...
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the good news for president obama if he performs well in the next two debates he could end up becoming the debate champion of the year. and that poor performance will become a very vague, distant memory, however, the fact he is becoming comedy fodder is a problem. >> if you have a challenger coming in, does really well the first time, do they continue to come in and do well or does the standing politician come back and dukes up, go for it? >> if you're a republican and you look for the history, you like to think of 1980, in this case, where ronald reagan did very well against jimmy carter, carter had 52 hostages in iran, you know, long gasoline lines. yet people didn't quite imagine reagan in the white house. reagan turned that around in the debates, and of course won a landslide victory. however, there is not going to be a landslide for any of the other candidates, we are a red/blue country, i think the elections will be closer to something like that 2004 -- kerry/bush than it will be anything else. >> yeah, with regard to what you're looking for out of the vice presidential debate on
the good news for president obama if he performs well in the next two debates he could end up becoming the debate champion of the year. and that poor performance will become a very vague, distant memory, however, the fact he is becoming comedy fodder is a problem. >> if you have a challenger coming in, does really well the first time, do they continue to come in and do well or does the standing politician come back and dukes up, go for it? >> if you're a republican and you look for...
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next up, factor exclusive. we'll talk tohe man who pr foris republican primary debates, right b >> bill: impact segment, president obama nevada, mi romney in colorado. both preppin f the big debate morr night. remember when newt gingrich clked the governo in the south carolina debate last spring, romney came back strong in florida. the man whohelped prepare t deb, brett o'donnell joins us now. youeally know this turf because you worked for john mccain when he r ain barak a in 2008 and n in the primary season,ou worked for tt romney. let's assess the governor's weas debater first. strengths? >> wl, i think the governor is a very good messenger. he's a good orator, hecan deliver a speech. he's very good when he's on messand on offense. as you saw in the debates in flora ag when heot g offense, the governor was very effective. when he leans int a debate, he can be pretty fective. >> bill: allight. weness? >> weaknesses, whe he gets -- ke most every politician, when he gets defensive, that's when he mes mistakes. t
next up, factor exclusive. we'll talk tohe man who pr foris republican primary debates, right b >> bill: impact segment, president obama nevada, mi romney in colorado. both preppin f the big debate morr night. remember when newt gingrich clked the governo in the south carolina debate last spring, romney came back strong in florida. the man whohelped prepare t deb, brett o'donnell joins us now. youeally know this turf because you worked for john mccain when he r ain barak a in 2008 and n...
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>>neil: so now the pressure will be on next week's vice presidential debate on the next presidential debate where a lot of president obama supporters will say you better come out swinging, you better do what ronald reagan did after a lackluster opening debate with mondale. i don't know whether he does it with aject -- a joke or a quick zinger at ronald reagan did but is it incumbent upon the president to get the forts back and get back in the game? >>guest: you would think so. how could we avoid the critique of the president's performance in that debate? as i said from left to right it has been very, very critical. it is hard to think of a debate except maybe the 1980 debate between reagan and carter where the gap between the incumbent and the challenger was so great, if this doesn't get the obama white house attention nothing will. you are right, they will come up with some lines or a joke or something but it is not as though romney is just going to sit back and do nothing between now and the next debate. my guess is based on his past practice, he already is working with portman on
>>neil: so now the pressure will be on next week's vice presidential debate on the next presidential debate where a lot of president obama supporters will say you better come out swinging, you better do what ronald reagan did after a lackluster opening debate with mondale. i don't know whether he does it with aject -- a joke or a quick zinger at ronald reagan did but is it incumbent upon the president to get the forts back and get back in the game? >>guest: you would think so. how...
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really the best possible end that president obama could have hoped for. mitt romney came out so strong in that debate, president obama lackluster. he got called rusty. detached. not the words he was looking for. >> hold that thought, we're going to talk about that. i want to go back to something, four days before the presidential election is when the next jobs report is going to come out. if they go down even further? what does that mean if. >> it could go down. it could also go back up. >> right. >> this has been an economic recovery that's been a difficult one. the administration says that as well. this was a great jobs report for the president. it broke down past that 8% mark that mitt romney's been hitting so hard in this campaign. >> you can imagine -- >> this is a great day for the president. >> you can imagine the white house and probably the campaign in chicago doing somersaults. does this make people now say, what debate? by most people's accounts, the president was awful, horrible. that's what everyone says, even ardent obama supporters. does th
really the best possible end that president obama could have hoped for. mitt romney came out so strong in that debate, president obama lackluster. he got called rusty. detached. not the words he was looking for. >> hold that thought, we're going to talk about that. i want to go back to something, four days before the presidential election is when the next jobs report is going to come out. if they go down even further? what does that mean if. >> it could go down. it could also go...
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the next debate will be foreign policy which obama is very weak on especially with, the crisis in the middle east. our embassy in benghazi. a dead foreign, a dead american ambassador. you know, that's not a strong suit for president obama right now and something mitt romney can really take, take obama out with. jon: ron bonjean and julie roginsky, thank you both. >> thank you. jenna: there is certainly a lot of reaction to september's jobs report. both presidential campaigns going into spin mode already. what do today's numbers really tell us about the prospects for millions of americans looking for work? our jobs panel weighs in and talks a little bit about this report and takes your questions. >>> a textbook example of a round house punch. maybe this guy felt he had nothing to lose after pleading guilty. wait until you hear how much the time his attack on his own lawyer added to his sentence jenna: the new jobs numbers out this morning as i'm sure you're aware at this point. some say pointing to really a break-through in the recovery. the unemployment rate falling below 8% for the f
the next debate will be foreign policy which obama is very weak on especially with, the crisis in the middle east. our embassy in benghazi. a dead foreign, a dead american ambassador. you know, that's not a strong suit for president obama right now and something mitt romney can really take, take obama out with. jon: ron bonjean and julie roginsky, thank you both. >> thank you. jenna: there is certainly a lot of reaction to september's jobs report. both presidential campaigns going into...
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we hope to see you right here next week. >> judge jeanine: this week the obama administration makes a u turn. the murder of our ambassador and three others no longer the result of a spontaneous protest for which they had no actionable intelligence. now, it is a terrorist attack and they knew it within 24 hours. welcome to "justice." i'm judge jeanine pirr outfield. i love the movies, a chance to get away from reality. check out the movie wag the
we hope to see you right here next week. >> judge jeanine: this week the obama administration makes a u turn. the murder of our ambassador and three others no longer the result of a spontaneous protest for which they had no actionable intelligence. now, it is a terrorist attack and they knew it within 24 hours. welcome to "justice." i'm judge jeanine pirr outfield. i love the movies, a chance to get away from reality. check out the movie wag the
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Sep 29, 2012
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there is a threat of a huge tax increase next year. if you talk to business men and women as i do all the time, they say this regulatory onslaught is smothering. >>clayton: another argument is what would have resolved the recovery faster if you allowed us to pass a greater stimulus, more government spending would have accelerated our rate of recovery. do you buy that? >>guest: i don't think very many americans boy that. we have had $5 trillion of debt in four years. that is more debt than the united states took on from 1776 through the year 2000. in other words, in four years we have borrowed more money than it took to finance the revolutionary war, the civil war, world war i and world war ii and the great depression. i don't buy that. the idea that somehow if we had borrowed more pun we would be on a faster rate of growth, that is like saying if we had unrun up our credit card more and had more of the subprime loans we would be in better shape. i don't find any logic to that. i think most americans think what we have to do now is stop
there is a threat of a huge tax increase next year. if you talk to business men and women as i do all the time, they say this regulatory onslaught is smothering. >>clayton: another argument is what would have resolved the recovery faster if you allowed us to pass a greater stimulus, more government spending would have accelerated our rate of recovery. do you buy that? >>guest: i don't think very many americans boy that. we have had $5 trillion of debt in four years. that is more...
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this is about the drop in durable goods that was reported yesterday and the headline next to it is, obama trumpets revised job data, saying we are adding jobs. how would you describe our economy today? >> guest: i think right now the economy has worsened. you have got a jobs problem pretty severe and persistent. at 8.1% of the country without a job and of course we know that does not include those who have simply stopped looking so then employment rate is or like 11 or 12% of the country. you mentioned the durable goods numbers yesterday. that indicated things like washing machines and other big-ticket expensive items, waiting to put big money down on important purchases and then of course you have got the gdp numbers yesterday which came out and showed that growth was revised downward, economic growth was revised downward to show it a gross number of 1.3% which is pretty anemic. that is down from 1.7% so from that report we say things have actually worsened in the last couple of months in the neo-got the issue of business is businesses really sitting on their cash. right now corporate am
this is about the drop in durable goods that was reported yesterday and the headline next to it is, obama trumpets revised job data, saying we are adding jobs. how would you describe our economy today? >> guest: i think right now the economy has worsened. you have got a jobs problem pretty severe and persistent. at 8.1% of the country without a job and of course we know that does not include those who have simply stopped looking so then employment rate is or like 11 or 12% of the country....
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he really invigorated the next shot at winning some people over. especially in ohio. liz: the question is was that really president obama and was not really that romney last night? [laughter] john, you are looking at that activity over at the imax. we just talked about crude oil. gasoline is something we always watch for the consumer. >> if you look at what wti has done in the last few weeks, it has really underperformed. ethylene prices have been rather strong. when we look at today, some of the supply concerns in texas and new jersey, it is not a surprise it is up over 5%. if you look at wti, you have the s&p on multiyear highs. you have crude oil selling down to the lows. at least in the last couple months, if you ask bernanke a few weeks ago, this would be the result, you would have to be fairly happy. you had the s&p beginning to rally as much of wall street pretty much discounted romney's victory. romney victory is very polish for wall street. up until last night, it was not a factor in overall risk market. liz: isn't it interesting, though, the market has done
he really invigorated the next shot at winning some people over. especially in ohio. liz: the question is was that really president obama and was not really that romney last night? [laughter] john, you are looking at that activity over at the imax. we just talked about crude oil. gasoline is something we always watch for the consumer. >> if you look at what wti has done in the last few weeks, it has really underperformed. ethylene prices have been rather strong. when we look at today,...
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Oct 3, 2012
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if you elect obama for the next four years, there will be no better than the past four years. i happen to believe that is true, but not very inspiring. it is hard to blame the guy. he wants to get reelected with a pretty narrow cast approach to democratic and independent constituencies. i do not think we will get the kind of framing you would like. i am a little less pessimistic. i do think reality matters. and we will hit a cliff and all kinds of ways. the fed cannot keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably
if you elect obama for the next four years, there will be no better than the past four years. i happen to believe that is true, but not very inspiring. it is hard to blame the guy. he wants to get reelected with a pretty narrow cast approach to democratic and independent constituencies. i do not think we will get the kind of framing you would like. i am a little less pessimistic. i do think reality matters. and we will hit a cliff and all kinds of ways. the fed cannot keep printing money and...